March 2025 Yield Hunting Newsletter | In Like A Lion... The Latest Growth Scare.

"Don't try to buy at the bottom and sell at the top. It can't be done except by liars."

— Bernard Baruch

Executive Summary

• We still think rates will come down further and that the Fed will cut more than 2 times this year. We like bonds here over stocks, especially US large cap growth stocks.

• Taxable CEFs are skewed towards the downside so stay overweight sa…